Potomac Nationals owner is done dealing with Prince WiIliam County on $35 million new stadium – Washington Business Journal

The owner of the Potomac Nationals announced Thursday he will explore moving or selling the minor league team, saying negotiations with Prince William County for a new stadium have hit an impasse. “We are saddened to report that the parties have been unable to come to an agreement on terms to build a new ballpark,” Art Silber said in a statement.

Silber requested that the Prince William County Board of Supervisors cancel a scheduled July 18 vote on a $35 million bond issue to fund a new 4,600-seat ballpark on vacant land at The JBG Cos.’s Stonebridge at Potomac Town Center in Woodbridge. He asked that the board delay a vote until August.

“Frankly, there’s no point in even doing the vote, because we don’t have an agreement that we would sign,” Silber said in an interview with InsideNova. “If they vote, they’re going to vote on something that’s completely irrelevant.”

As recently as June, Silber had said the county should vote on the issue because he needed a deal by the end of July.

Silber, who could not immediately be reached for comment Thursday, told InsideNova.com he is “looking at other areas in Northern Virginia like Loudoun or Fairfax” or starting up negotiations with other potential buyers in North Carolina.

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